Chronicles of Notre Dame du Lac
Edward Sorin, CSC -- Translated by John M. Toohey, CSC, 1895

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1860

pg 405            The University of Notre Dame is properly speaking the 
             establishment of the Salvatorists in the United States.  Of itself 
             alone it would be sufficient to secure their future.  If the debts 
             weighing on the institution should be some day paid off, it cannot 
             be denied that Notre Dame du Lac will be for the Congregation of 
             Holy Cross a foundation worthy of being preserved.  With its 
             resources in land it could support itself without the least 
             dependence on public patronage.  Its little domain and its new 
             lime and brick kilns afford it a surer source of existence than 
             the number of its pupils.
                  What has for this long time checked its forward march is its 
             floating debt, the interest on which absorbs all its profits.  
             Were not this the case, it could now afford to hire the best 
             professors of the country at good salaries.  If it could add 
             $10,000 to its actual budget for professors, they could soon be 
             had.
                  The religious character of the institution draws to it a 
             class of young men amongst whom the Society of Salvatorists will